Browsing Category: "Traded Endowment Policy"
Imperia Invest goes quietly about its business…
One of the great frustrations of online investing is not knowing with any degree of accuracy when a programme is likely to finally make payments. There are many examples of missed deadlines and information vacuums that test even the most optimistic of investors.
One programme which has gone some way to redress the balance on this is Imperia Invest. Having been around for a good while now there is at least some evidence that closure will happen in the not too distant future.
Having suffered some schedule slippage already it is good to see that the validation of trust agreements is now at 53% completion. On current progress they should complete in the next 2 to 3 weeks assuming of course that all agreements have been submitted. This last point is the fly in the ointment as Imperia Invest require 100% of agreements to be validated before the payment process can begin.
Being optimistic therefore we could see payments arriving in accounts sometime in March or April which would be a great start to 2009.
When I checked on the Imperia Invest site earlier today it does appear that you can still purchase the Traded Endowmwnet Poicy (TEP) that they market. Whilst they still show e-bullion as a payment option you would need to use Liberty Reserve to make the necessary $50 payment for what they call a Depot. Return is $134,000 after 6 months so my statement about when money will be paid doesn’t apply if you purchase now.
One programme which has gone some way to redress the balance on this is Imperia Invest. Having been around for a good while now there is at least some evidence that closure will happen in the not too distant future.
Having suffered some schedule slippage already it is good to see that the validation of trust agreements is now at 53% completion. On current progress they should complete in the next 2 to 3 weeks assuming of course that all agreements have been submitted. This last point is the fly in the ointment as Imperia Invest require 100% of agreements to be validated before the payment process can begin.
Being optimistic therefore we could see payments arriving in accounts sometime in March or April which would be a great start to 2009.
When I checked on the Imperia Invest site earlier today it does appear that you can still purchase the Traded Endowmwnet Poicy (TEP) that they market. Whilst they still show e-bullion as a payment option you would need to use Liberty Reserve to make the necessary $50 payment for what they call a Depot. Return is $134,000 after 6 months so my statement about when money will be paid doesn’t apply if you purchase now.
Am I making Money Part II…
Well it’s half way through the year so time to step back and see how things have progressed over the last three months. The first quarter report can be found here and as you’ve probably realised by now I’m increasing the use of video to provide information so if you don’t want to read this post in full then you can hear my thoughts on this video.
As I recently posted I’ve decided not to continue with any more recommendations from Matt Shaw’s Fixed Odds Trading advisory service at Betonmarkets as the results have shown greater losses than gains. I’ve given this service a fair run for it’s money but I just don’t see it being consistent enough in it’s predictions. I know the markets have behaved somewhat awry over the last few months but for me Matt hasn’t been accurate enough in his forecasts. In somewhat of a similar fashion I’m not trading using recommendations from Martin Cornish of Market Excellence as whilst his advisories have been more reliable than Matt’s the returns on each trade has been small and consequently you are risking quite a high stake for a small return. I’m in the Steve Hoven FOREX trading pool at Market Excellence and will let this run on auto pilot.
The one bright light in the Fixed Odds trading arena is with City Beaters as I’m currently part way through my 28 day free trial period and already have 3 successful trades under my belt. The recommendations are made on FOREX pairs with returns of around 12% to 15% over a 7 day period. Also, the Nash brothers who run it provide useful updates on trades in-running and monthly advisories on currency trading in general. Well worth checking out in my opinion.
The most recent hiatus for me has been the problems associated with Colon End Parenthesis and GHPI which I reported on. It’s extremely frustrating to see what have been reliable paying opportunities suddenly stumble. The ensuing hue and cry and ill advised speculation creates a highly unstable atmosphere which in turn becomes a deepening crisis. In the case of Colon End Parenthesis the company is being informally investigated by the SEC and there is no clear indication of when a resolution will be reached. Rather more encouragingly GHPI seems to be slowly getting back on track mainly due to the efforts of the admin who seems to go the extra mile for his clients. That’s not to say that I think he handled everything in a wholly professional manner when things first started to go wrong but reading between the lines he does seem to have been reacting to negative elements from some members.
On a more positive note my recent post about CEP Coast does show that there is still opportunity to earn whilst some of these issues are being resolved.
Still waiting for the first bonus cheque from Shop Right (first promised for October 2006).
Still very much medium to long term both Sharndor and Divinius Opulentis are moving forward slowly.
On the gold front I was encouraged to see a recent press report from Goldman Sachs that predicted the price of gold rising to $1,000 an ounce (currently sits around $615 an ounce). So my regular contributions to Bullion Vault may well prove a sound move. All the reports I see about precious metals are bullish so it’s probably a good idea to hold a small portion on funds invested here.
Another program that is taking some time to re-establish itself is Fantastic Pay as they transition to Pot of Gold Real estate. Reading the forums you again get a mix of optimism and pessimism and whilst I can understand people’s needs to hear news both good (preferably) or bad there’s little that can be done until the admin decides otherwise. Another one where patience is very much a virtue.
In the last review I noticed that Global Pension Plan was approaching 50,000 out of its 100,000 target for membership. So, in the last three months over 20,000 members have joined, encouraging news to say the least. One small personal disappointment for me was that when I ran a competition with a prize of a full Global Pension Plan membership I didn’t receive any entries so I still have two memberships available (hint, hint). Recently I wrote a post about Imperia Invest which is a Traded Endowment Policy (TEP). For an investment of $50 you have the potential to earn $134,000. Thanks to Don Mills for spotting this one.
Overall I think you could say that my results have been relatively disappointing and I am now waiting for others to resolve various issues before I can see any real positive movement. However I should repeat that I am in this for the long term so onward and upward!
It’s clear from the above that relying on others to provide a steady passive income has its drawbacks and whilst I’ve always known this to be a risk I had never found a business that I wanted to get involved with so that I could have some influence over my own destiny.
Recently that has changed with my joining the MyVideoTalk business as I truly believe that there is a huge market potential for their products. Starting at just $5.95 a month you can send full colour video emails to family, friends, business associates, clients and prospects. Couple this with user friendly web based video conferencing starting at $69.95 per month for 5 users and you really have a strong stable of products. More exciting developments are in the pipeline so the future is really bright. I’m looking for a select number of people to join the business as my associate. If this sounds of interest please send an email to me here
A twist on the Reverse Pension Plan?…
It’s really encouraging when readers get in contact to discuss a programme I recommend or to suggest something that they would like to see in a post. So, yesterday as I was pondering what to write about I was more than pleased to receive a skype call (my skype name is murfee88) from Don Mills.
Don asked a question about Life Holdings which I mentioned a while ago. During our conversation he mentioned a new programme that he had been advised about called Imperia Invest and asked me to have a look to see what I thought.
The programme is based on something called a Traded Endowment Policy (TEP). This was a new term to me so I was keen to learn more. Many people have heard of Reverse Pension Plans (RPP’s) which on first viewing seem to have some relevance to TEP’s. Both limit the number of policies they wish to issue and both ‘promise’ a sizeable sum of money for a very small investment. In the case of Imperia Invest the sum to invest is $50 which can be paid by e-gold or e-bullion.
So, whilst there are similarities between RPP’s and TEP’s there are also differences. The most significant is that for the TEP once you have paid your fee they will deposit $80,000 in your account on which the company then provides a return of 1.2% a day for six months. After this time, and following a six month gap they expect to provide a return in the region of $134,000 to each investor for each contract they own.
There are 10,000 individual positions available and each individual can have up to 50 contracts (each costs $50). Once you join you have 90 days to fund your account or you will be removed from the database.
As Don Mills introduced Imperia Invest to me I am including his referral on the link so please be aware that if you sign up that Don would be your referrer.
When you go to the site you will see that the information appears to be translated from German so some of the meaning can be difficult to grasp. The site admin does explain that TEP’s are a well accepted financial instrument and that the organisations involved are of the highest calibre.
So, there will be many detractors as they will not believe that a return of $134,000 can be achieved with an investment of just $50. And, it’s hard to argue against them when not that many people have an in-depth knowledge of TEP’s and how they work. At the end of day it often comes down to a subjective assessment of whether an investment of $50 is worth risking for a return of $134,000. If you think about it it’s just as crazy as buying 50 lottery tickets at a £1 each in the hope of winning millions in return. On that basis I’d suggest that if you have a spare $50 then there are much worse ways in which you can invest it.
Once again thanks to Don Mills for letting me know about this. Don’t forget if you have a recommendation to make then let me know.
